At this rate, maybe we all will be passing time in a virtual world. Or, at least, our kids will be. P-I reporter Paul Nyhan today covers a new virtual world created by children’s author Stephen Cosgrove and Woodinville-based Play Visions called Zibbie Zone.
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The Seattle high school sports Web site beRecruited has been acquired by RVS Ventures. It also has named former ESPN.com executive Jeff Cravens — who in the 1990s ran CollegeSports.com — as president.
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Flexcar and Zipcar are merging, with the P-I’s Joseph Tartakoff reporting that the two unprofitable car sharing companies will be able to expand into new markets more quickly and efficiently as a combined entity.
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Bellevue-based Zango, the online ad distributor whose business tactics have been under attack for years, has acquired comparison shopping service SmartShopper for $9 million, according to unnamed sources in TechCrunch.
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Speaking at the Web 2.0 Summit in San Francisco, Microsoft Chief Executive Steve Ballmer says that the company plans to acquire about 20 companies a year for the next five years, with deal sizes ranging from $50 million to $1 billion, according to VentureBeat.
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The New York Times reports that “fuzzy” math is once again permeating Silicon Valley, noting that Facebook is being valued at $15 billion and Google — whose shares recently topped $600 — is now worth more than IBM.
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